Answer:
TRUE
Explanation:
In simple words, differentiation strategy refers to the business strategy under which an organisation tries to get competitive advantage in the market by adding some unique features in the existing products or by introducing brand new products for utilization.
This strategy is used by service industries as well in which the organisations frequently introduce new technologies for better operating activities. Such strategies can sometimes lead to establishment of new industry in which the innovating firm gets the first mover advantage.
It's when they feel that the product <span>Value goes beyond its function.
When </span><span>Value goes beyond its function, there is an idenitfiable benefit that customers could directly get from the product.
Which means, the only thing that sellers could rely on to keep selling the product is the customers' loyalty.</span>
Answer:
it depends, if you need to then yes
Explanation:
Motivation
The amount of income
Family members
Needs and interest groups affect and tend to persuade the consumer to buy certain goods
Answer:
6.21%
Explanation:
Discount of the bond can be calculated by subtracting the purchase price of the bond from the face value. Discount Yield is the ratio of discount on the bond to the future value of the bond.
Discount Yield = [(F - P)/F] x [360/t]
Where
F = Face Value = $1,000 ( assumed)
P = Present value = $1,000 x 97.5% = $975
t = 145 days
Placing the value in the formula
Discount Yield = [($1,000 - $975)/$1,000] x [360/145] = 0.0621 = 6.21%